UMass Memorial Medical Center (UMMMC) is changing the way it manages and staffs its hemodialysis unit at the University Campus in Worcester after it was confirmed that a patient was infected with the Hepatitis C virus there last year.
Marlborough Hospital has eliminated or reduced the hours of 41 employees in response to a “significant decline in volume” and reimbursements over the first quarter of its fiscal year, the hospital said in a statement.
UMass Memorial Medical Center (UMMMC) cut all or part of 99 positions, including those in high-level roles as well as a small number of clinical staff members, a spokesman for its parent organization said today.
UMass Memorial Health Care has hired a new executive vice president and chief financial officer who will direct the system's finance and technology functions, among others.
A new report on the compensation of chief executives at large public charities in Massachusetts describes payment arrangements as “complex,” with compensation of CEOs at 25 of the state's biggest non-profits ranging from $487,000 to $8.8 million over a three-year period: 2009 to 2011.
UMass Memorial Health Care (UMMHC) has signed a letter of intent to sell Wing Memorial Hospital and Medical Centers in Palmer to Springfield-based Baystate Health for an undisclosed sum, UMass Memorial said.
Moody's Investor Service has downgraded UMass Memorial Health Care's credit rating in light of deteriorating operating performance and a host of other factors over several years, according to the credit rating agency.
UMass Memorial Health Care is bracing for layoffs as well as other cost-cutting measures in the face of a projected $57-million operating loss for its recently completed fiscal year.